June 24th in Shipping by .

CMA CGM Launches New Asia-US West Coast Direct Service

CMA CGM is pleased to announce the return, on July 10th 2010, of the Yang Tse service linking South, Central and North China to the West Coast of the United States.

May 4th in Shipping by .

Maersk Sells Stake in Yantian Terminal for US$520m

China Ocean Shipping (Group) Company, (COSCO)  Pacific subsidiary to pay $520 million for interest in Yantian.

A.P. Moller-Maersk agreed to sell its stake in the Yantian container terminal in China to a subsidiary of China’s COSCO Pacific for $520 million, the company said Thursday.

May 2nd in Aviation by .

Changi Reports Strong Rise in Q1 Traffic

Singapore’s Changi Airport, Asia’s fifth largest, saw an 18.8 percent rise in air freight movements by tonnage in March from a year ago, indicating strong demand for goods, Reuters reported.